Federation of Southern Cooperatives Land Assistance Fund

Analysis

Federation of Southern Cooperatives Land Assistance Fund is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Federation of Southern Cooperatives Land Assistance Fund reported income of $6.3m and spending of $5.7m, spending 91% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $3.6m to $6.3m (+72%), an average of +20% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Federation of Southern Cooperatives Land Assistance Fund sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Leveraging Equal Access Programs Inc ($6.3m), Sharing Connections Inc ($6.3m) and Hospitality Pantries Inc ($6.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $128k (2.2% of expenses). At year end it held assets of $9.4m against liabilities of $1.5m, net assets of $7.9m. It reported 32 employees.